Actually this is Sarasota area - I wasn't anticipating getting in to the commercial space but an opportunity came up and so I went with it. The first load went OK but I just have another opportunity in hand and trying...
I made an offer on a property today, but unfortunately, it was not accepted. I informed the seller that I would do my due diligence to see if I could get closer to their asking price. I wasn't unprepared—I had a cle...
I will be renting out my SFR that I have lived in for the last 3 years. It is in an "A" neighborhood, and anticipate my current neighbors won't be thrilled. There aren't many renters in the area, and while we all kn...
Hi allFirst off, and as a disclaimer, I have zero experience in commercial real estate as it pertains to restaurants and businesses, which is what this question focuses on. So please bear with as my understanding may ...
Almost every duplex I see for sale in the far northeast has been in this range. When I run the numbers, they always come out with negative cash flow. How are people making these work? I have checked my proposed rents ...
I am currently doing the BRRRR method on commercial real estate. I have been raising funds for each deal paying my private investors 10%.I got great traction on my lending pool for the first 10 or so investors. Now th...
Hello!My father has a rental property that he wants to sell but he has an outstanding $50k HELOC on it. He wants to sell for $75k but after a market analysis is looks like he should sell for $50k-$70k (Max). The appra...
So to keep this thread specific, my question is related to ROI expectations on a higher priced property. Should profit expectation rise with the price of the property?Analyzing a deal with a client friend, here is the...
Hi all, my contractor is installing a new drywall ceiling and the joists are very crooked - more crooked than he anticipated (and I agree with him). Now he asking for more money.
Can he charge more than the estimate...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $48,800
Cash invested: $23,500
This was an off-market deal that one of my team members found. The seller owned thre...